Chequing account · Desjardins
Desjardins Youth Profit Account: fees and true cost
Desjardins’s Desjardins Youth Profit Account charges no monthly fee, with unlimited transactions. For our “Everyday” example that comes to $0 a year, #3 of 107 chequing accounts offered in Ontario.
Provincial insurerYouth (18 and under)Offered in ON, QC
Fees retrieved November 1, 2026
What it would cost you in a year
| Usage | Fees a year | Why | Rank |
|---|---|---|---|
| Light Mostly card and app, small balance | $0 | No monthly fee | 4 of 107 |
| Everyday Household account, a few e-Transfers | $0 | No monthly fee | 3 of 107 |
| Heavy Lots of card, bill and e-Transfer payments | $0 | No monthly fee | 3 of 107 |
| Branch and cheques Teller visits, cheques, paper statement | $0 | No monthly fee | 1 of 95 |
Try your own numbers in the true-cost finder.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | No monthly fee |
| Included transactions | Unlimited |
| Debit purchase in Canada (beyond included) | No extra fee |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | No extra fee |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | No extra fee |
| Withdrawal at another institution’s ATM | No extra fee |
| ATM withdrawal in the United States | No extra fee |
| ATM withdrawal in other countries | No extra fee |
| Debit purchase in the United States | No extra fee |
| In-branch withdrawal | No extra fee |
| Bill payment in branch | No extra fee |
| Cheque (as a payment) | No extra fee |
| Mailed monthly statement | No extra fee |
| Non-sufficient funds (NSF) | $10.00 |
| Overdraft protection, monthly | Not available |
| Overdraft protection, per use | Not available |
| Overdraft interest | Not stated |
Interest
| Balance | Rate (annual) |
|---|---|
| $0 to $500 | 0.05% |
| $500 and up | 0.1% |
Notes from the institution
N/A
Is the money protected?
Provincial deposit insurer. Credit union deposits are insured by the province, with limits that vary — see credit union insurance by province.
Cheaper for everyday use, at other institutions
- Wealthsimple Chequing (Wealthsimple) — $0 a year
- Personal Account (EQ Bank) — $0 a year
Other chequing accounts at Desjardins
- Desjardins Merit Service (60 years and over) — No monthly fee
- Everyday Account (without a transaction plan) — No monthly fee
- Everyday account - Basic plan — $3.95/mo, or $0 with a $1,500 minimum balance
- Everyday account - Intermediate plan — $10.95/mo, or $0 with a $3,000 minimum balance
- Everyday account - Unlimited Plus plan — $21.95/mo, or $0 with a $5,000 minimum balance
- Everyday account - Unlimited plan — $15.95/mo, or $0 with a $4,000 minimum balance
- School caisse (6 to 11 years old) — No monthly fee
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Desjardins’s product page
Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.